Bquat's Account Talk

[Bquat]

You guys just climb this ladder while I go bowl.

 

[FAB1]

you should do ladders
more often

its working.

 

[Mcqlives]

You guys just climb this ladder while I go bowl.

I like the ladder part but please don't put a chute around space #97! (It wasn't so long ago that I played chutes n' ladders with my kids).

 

[Bquat]

A little too fast up. Maybe a little down for more up.

 

[FAB1]

The S fund is maybe overvalued? - closed flat today while the C made gains.

I almost went to C fund today, I did put my better half in that fund.
Maybe its time for S to catch up a little. At least SP closed above the old resistance.
This Up down Up down pattern has to break so lets continue UP UP UP

 

[crommie]

You guys just climb this ladder while I go bowl.

Umm, am I seeing things or did the market follow the last rung on your ladder exactly into the close?!

Draw more rungs!!! :nuts:

 

[JTH]

+1 on channel ladders, I love em

 

[JTH]

Thanks JTH I'll check it out.

Looking at it now, it looks like a hybrid V-Diamond, a little of both patterns, the recovery certainly screams V

 

[Bquat]

Bquat's Ladder back by popular demand. Retesting 1573 as support.

 

[Bquat]

Umm, am I seeing things or did the market follow the last rung on your ladder exactly into the close?!

Draw more rungs!!! :nuts:

Ok, I did you likey?

 

[Birchtree]

1580 on the close would be simply delicious - perhaps the individual Japanese investor will keep buying.

 

[Bquat]

Ladder redraw brought to you by RedrawontheFly.com :Got to go to Senior bowl. Testing the peak line as support.

 

[FAB1]

MONSTER movement
Ooo baby i likey like that

 

[Birchtree]

Foreign buyers could push the SPX to 1588 - they are buying in bulk.

 

[Bquat]

Next rung is our last rung until we retest 1584. Go ahead, make me change my 8 ft. ladder to a 10 ft. ladder.

 

[Mcqlives]

Next rung is our last rung until we retest 1584. Go ahead, make me change my 8 ft. ladder to a 10 ft. ladder.

A very nice day for us! My out line is tentatively set at 1567 now. If this is a head forming it is fine by me...I have had one hell of a year so far! Not that I wouldn't mind a few more 19-20 point to the plus days

 

[Bquat]

Well maybe a 1593 exit, but if I Birchchart this, I have a fear of exiting. I didn't want to take the ladder out, so look through it. It's takes a while to redraw. Birchcharting can be dangerous with 40/60 chance of happening.:notrust: About 5 months ago I was mentioning the markets being skewed two months to the right because of Quantative Easing. Is it still go away for May? Beauller?

 

[Bquat]

A very nice day for us! My out line is tentatively set at 1567 now. If this is a head forming it is fine by me...I have had one hell of a year so far! Not that I wouldn't mind a few more 19-20 point to the plus days

I don't think it a head. I think we may go 1% down for an Inverse H&S, but I don't know at these levels. It looks a lot like Feb-Mar. I have some fear though.

 

[Bquat]

After the completion of this move, I'll draw it for you. Maybe this weekend if it doesn't do it before then.

 

[Bquat]

Good morning guys. Just got a few minutes to see the open and then I have an appointment.